The Liberty Project team is comprised of seasoned professionals that specialize in the following key areas:
A few highlights include:
1973: ExxonMobil constructs first artificial exploration island in the Beaufort Sea
1979: First Arctic offshore lease sale offered by U.S. government in the Beaufort Sea
1982: Shell completes Seal Island well in the Beaufort Sea, later developed by BP under the name Northstar field
1987: Construction of Endicott Island begins
1996: BP acquires OCS lease 1650 and initiates permitting activity for the Liberty #1 Exploration Well
1997: Drilling of BP’s Liberty No.1 exploratory well begins
1997: BP discovers an estimated 120 million barrels of recoverable reserves from the Liberty prospect
1999: Construction of Northstar Island begins
2006: Construction of Ooguruk Island begins
2008: The U.S. Geological Survey releases report stating that the Arctic represents almost 22% of the world’s remaining undiscovered oil reserves.
2010: Spy Island is built to produce resources in the Nikaitchuq field
2014: Hilcorp acquires 50% ownership of Liberty, files new development plan
2015: ASRC Exploration (AEX) acquires 10% working interest in Liberty to partner with BP and Hilcorp
2017: Draft Environmental Impact Statement (EIS) released August 18th